|
Pointy
|
|
Pointy is a small, internet connected electronic device that automatically posts the inventory of a retail store online. The device connects with a barcode scanner and point-of-sale terminal to record items scanned and automatically posts them to a webpage ("Pointy page"). The company's mission is to enhance small retailers' strength of convenience using technology and internet search engines. History Early history Pointy was founded in Ireland in 2014 by Oxford graduates Mark Cummins and Charles Bibby. Cummins had the idea for the device when he wanted to purchase a particular variety of beer he had tried at a party but couldn't locate it in local stores. The company's goal is to enhance small retailers' advantage of convenience using technology and internet visibility. Funding The company raised $1.2M in seed funding on March 1, 2015 from Seedcamp, LocalGlobe, Frontline Ventures, and Audrey Capital. On September 21, 2017, Pointy raised an additional $6M in Series A funding from lead investor Frontline Ventures, as well as Vulcan Capital, Draper Associates and angel investors. On July 12, 2018, the company announced a $12M Series B round by lead investor Polaris Partners and Vulcan Capital. 
|
| < Prev | Next > |
|---|
Main Menu
| Home |
| Articles |
| Search |
| Submit Article |
| Contact Us |
| Donate to Wikibin |
